Four Ways Technology Has Changed Real Estate

Many people either despise new technology or embrace it. It’s main goal is to make life easier for the majority of us. Across all industries new advancements are destabilizing the old ways of doing business and disrupting huge companies. The real estate industry has many facets. The buying and selling of homes has been around for some time. Although many companies have tried to change the business model by cutting out real estate agents, it’s something that they haven’t been able to do.

But that doesn’t mean that new technologies aren’t already in place in the industry. Here are some new technologies that are helping new companies get off the ground, while making others companies and their agents more competitive.

Uber

Don’t have time to pick up a client and then drive them to a listing. If you are running behind schedule, simply open the Uber app on your phone and order them a vehicle to meet you at the appropriate destination. If you do a lot of business with out of towners, then you surely have picked up your fair share of potential clients up form the airport. Ordering them an Uber can save you time, especially when you are short on it.

use fiverr for your new website

Upwork or Fiverr

Every real estate business should have a website. It’s more than putting your new website address on a business card. Did you know that you can also get your own Google local business listing simply by having an office. You can even use your home as the business address too. But you still have to have somebody or something build it for you. This is where Fiverr or Upwork come into play. These are freelancers who can get your website up and running in hours. Say goodbye to to paying thousands of dollars for a website. Now you can get it down for under $100.

real estate software

Software

Gone are the days where you had to mail clients brochures. Now you can simply email or text clients an e-brochure of the listing. Many major cities like Houston, have associations whereby you pay monthly fees to access all of the homes for sale and rent in a city. Members can upload listings on their own; as well right from your phone. These are really great tools that make life easier for everyone.

Virtual Reality

What’s more convenient than actually viewing the house of your dreams? How about not having to set foot inside. VR global is attempting just that. You get to offer the viewer the actual look and feel of the space. No, this is much better than a traditional photo. Imagine stepping right into the dwelling using a hand held controller or virtual headset. It’s an incredible way to showcase property that you have never experienced before.

augmented reality in real estate

Augmented Reality

Not to be confused with virtual reality. The difference here is that virtual reality creates its own environment with a device. Augmented reality is similar; but delivers an artificial environment through your mobile phone or laptop. It adds layers on top of what you are already viewing. Here is a quick example. Suppose you are going to be welcoming a newborn into your family. You want to see if you like a particular shade of paint. Well augmented reality will allow you to superimpose a new color on top of the old. Now you can see how something will look without even having to get the paint wet! Think about all the potential uses for this in real estate. Here is another

Keep in mind that in now way is the traditional buying and selling of homes going away anytime soon. These are merely conveniences that help streamline the entire process. Real Estate agents are valued representatives, and assist buyers and sellers throughout the process.